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U.S. Economy Continues Steady Recovery in September, Surveys Show

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The U.S. economy in September continued its steady recovery from the sharp declines in the second quarter as demand and output strengthened, according to new business surveys. But the pace faltered in Europe and Asia, where new infections have led to new restrictions on activity.

U.S. service-sector and manufacturing companies reported solid growth in September, a positive signal for overall economic growth in the third quarter.

Data…

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